Denver Real Estate Market Graphs for February, 2013
March 11, 2013 By Leave a Comment
Properties over $600K are in a buyers market. The market is very aggressive under $400K. 2013 starts out with properties on the market for 25 days less than in Feb. 2012 The tiny green bars on the chart reflect the lowest inventory of homes in 30 years. We continue to sell more than we place [...]
The Pulse-Denver Real Estate and Economy for March, 2013
March 10, 2013 By 2 Comments
Commentary - There is very little change since February in the Metro Denver Real Estate market. Interest rates decreased ever so slightly since early February, but not so potential home buyers would be affected. 92.6%% of those that want a job have one. While builders increased their starts by over 50% from 2012, building material [...]
Denver Real Estate Market Graphs for January, 2013
February 18, 2013 By Leave a Comment
January 2013 was the strongest Jan. sales month in recent memory. Price ranges below $600K reflect a buyers market. Available resale inventory lowest in 30 years. Strong Jan. sales portends a strong 2013. Average sold prices poised to exceed $350,000 in 2013 Fast sales can be expected all year.
The Pulse – Denver Real Estate and Economy for January, 2013
January 18, 2013 By 1 Comment
Commentary As we enter 2013, the Metro Denver economic news remains positive, with 2012 year over year averages improving in almost every category over 2011 and for the preceding 3 years. The 2013 real estate market outlook remains strong, but external factors could change the picture. The so-called fiscal cliff came and went, with more [...]
The Pulse – Denver Real Estate and Economy for December 2012
December 16, 2012 By Leave a Comment
Commentary For most of 2012 the commentary has been generally positive, with year over year averages improving in almost every category over 2011 and for the preceding 3 years. The 2013 real estate market outlook remains strong, but, external factors could change the picture. The so-called “Fiscal #%&@#” could affect the real estate market, as [...]
Denver Real Estate Market Graphs for November, 2012
December 16, 2012 By 1 Comment
Positive Price Creep-more homes are selling at higher prices! Lack of inventory pushes prices higher. That and low interest rates. The seasonal sales decline isn’t declining much this year! Days on market are increasing as winter arrives, but still a sellers market! Average Sold Prices still very high, a great jump off point for 2013!
Denver Real Estate Market Graphs for October, 2012
November 18, 2012 By Leave a Comment
All prices ranges under $500K are now in a sellers market. The average days on market are slowly trending up, but this is a seasonal reaction. Average Sold prices remain high for the season, indicating the potential for strong prices in 2013. Available inventory is approaching crises levels Sales remain strong as the market winds [...]
Denver Real Estate Market Graphs for September, 2012
October 18, 2012 By Leave a Comment
Market strength is now reflected into the $500K + categories. Although it is still a buyers market in the upper price ranges, market resiliency is now apparent through the 2 Million range. The lack of inventory is, and will continue to slow sales going into 2013. The Denver market remains strong, with 2012 finishing as [...]
Denver Market Pulse for October 2012
October 18, 2012 By Leave a Comment
Key Economic Statistics The current real estate/economic picture in Denver remains positive for the individual home seller in the lower price ranges, but has become very stressful for buyers, especially in the prices ranges under $400,000. Sellers are often receiving multiple offers, and many properties are receiving bids in excess of asking price, often in [...]
1934 and the Federal Housing Administration
May 16, 2012 By Leave a Comment
That was the year that the FHA came into being. The National Association of REALTORS had considerable input into its creation, along with previous efforts to bring stable home financing tools to a large group of Americans that had suffered through the housing crises of the early 1930′s. With the creation of the FHA, the [...]
Denver Real Estate Market Graphs for April, 2012
May 16, 2012 By Leave a Comment
The “hot” market is moving up in value, with homes in the $400′s selling at a faster pace. The 15 day drop in average days on market is indicative of the pace of the market in Denver. The available resale inventory continues to be abnormally low, which is good for sellers. Total sales are on par [...]
